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CNBC Squawk On The Street July 12, 2024

Tiktok bid jim, we will start with the retail numbers lowes is a good one to start with, its been called depots quarter on steroids today. Look, i think that Martin Ellison has taken a Company Making it anything but an also ran. 35 camp is terrific hes really got finally hes got the e com down Marvin Ellison is a turn around man par excellence and this is an amazing quarter we dont want target to overshadow it too much because i like the stock and i love the fact it wasnt up big early on its a buy yeah. In store traffic or in store comps, jim, up 11, which is different than what we saw out of others. I mean, i guess when you dont have as fierce a web challenge in Home Improvement and you have the stay at Home Re ....

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CNBC Closing Bell July 12, 2024

About 12 today. Another market master, ams evaluation 2 trillion for the first time ever. Tech was leading now 59 minutes left of the session and were essentially flat apple not flat. 2 trillion Company Coming up in just a few minutes, we will speak with White House National Economic Council director larry kudlow about the stimulus stalemate in washington the rising tensions with china and a whole lot more. Later rolling out the red carpet, ceo of amc theaters will be joining us with his companys plan to brink customers back to the movies its not going to cost you very much. Lets focus in on the big stories were watching in this final hour of trade. Bob pisani tracking the fed minutes. Joining us to discuss retail moves from pro forma starting with Broader Marke ....

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CNBC Power Lunch July 12, 2024

Government the talks right now on ice and well hear what leadership from both sides of the aisle is saying without that stimulus money, major cities in the United States are kind of stuck between a rock and a hard place and a new report lays out how bad things could get power lunch starts right now it does welcome the power lunch. Tech continues power ahead with the nasdaq leading the way near its record high which it hit on august 7th one tech stock not joining the party. That would be cisco having its worst day since 2011 even though the s p isnt there yet, its pretty close but not there yet. Check out the names hitting record highs tyler, back to you the stimulus stalemate in washington continues today threatening to further delay payments to struggling americans and failing to provide much of a boost to the u. S. Economy. Lots of big names on cnbc talking about the issue today. Lets go to eamon for more. Reporter its a total st ....

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CNBC Worldwide Exchange July 12, 2024

Today is bad blood between beijing and the white house showing no signs of letting up and bracing for impact this is Worldwide Exchange right here on cnbc well, good morning, good afternoon, good evening, where ever you are thank you for starting here with us on cnbc. Its going to be a big week. Maybe the busiest and most important week of the summer why do we say that here you go. This will easily be the most packed earnings week of the season 167 of the s p 500 will report including 12 dow components. Well get numbers out of apple, amazon, boeing, mcdonalds, 3m, exxon and many more. Also as soon as today, Senate Republicans should unveil their latest stimulus proposal. Timing all but assures congress will miss the deadline tomorrow kicks off the feds latest policy meeting. Theyll talk about their own form of stimulus it could be again talking about new tactics to ke ....

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CNBC Options Action July 12, 2024

That finally tiny tim once crooned tiptoe through the tulips with me but mike khouws tune is about tiptoeing through tips. Lets begin with the Material World that we are living in. Materials making a big comeback in the past few months that has carter eyeing an even bigger rally for the group carter, what are you looking at . Well, in the sense that if one wants to really talk about the whole notion of value growth and what is working and what isnt working, what we do know of course is of the four highly cyclical sectors, materials, energy, industrials and financials, its actually materials that have done the best the first chart is simply looking at those four from the march low, from the markets low. What we see here is that materials are leading the way. Its a small sector, but its an important sector nonetheless look at the second slide what about year to date . Not from the march low, since we began the year everyone is down. ....

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